NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Bridgewater Equity (BWE).

Canadian sales process is separate and ongoing

Question-and-Answer Session Operator Operator Instructions Your first question comes from Thomas Khan - Khan Brothers. Thomas Khan - Khan Brothers [Break in audio] on the Circuit City receivable. Patrick M. Lavelle Tom, could you repeat that? Thomas Khan - Khan Brothers Did you collect your insurance money on...

Many industry watchers expected Best Buy stores to get a major sales boost after the demise of competitor Circuit City early this year. That's not the case so far, though. Best Buy's second-quarter results were far from stellar. Same-store sales fell 3.9 percent during the period, while...

Many industry watchers expected Best Buy stores to get a major sales boost after the demise of competitor Circuit City early this year. That's not the case so far, though. Best Buy's second-quarter results were far from stellar. Same-store sales fell 3.9 percent during the period, while...

Best Buy is caught in a recessionary malaise and, while effectively managing operations, it�¢â�¬â�¢s stuck in a tough spot as the main rivals the company faces now a days have more than electronics to lure frugal consumers into stores. In the first quarter ended May 30, repair...

The president's official photographer Pete Souza has been posting some great photos to the White House's official Flickr stream. Like this one of Obama and vice president Joe Biden putting on the White House lawn.

The best news: They're licensed as Creative Commons Attribution 2.0 Generic, meaning you can share them, remix them, and basically do whatever you want with them -- as long as you provide attribution.

Photo (CC) Pete Souza

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Speak of the devil (Mar 13: Beginning to Build a REIT Short Portfolio) we have a nice story front and center on Bloomberg. Any article with Howard Davidowitz in it, makes me smile - even if it's only a passing mention. To reiterate I am on a go slow approach to building these short positions since the market looks to potentially have more upside to it, which will most likely take associated poor companies with it. I am hoping to this first batch of purchases actually goes bad, which would mean I can build much larger positions at higher prices - hence more profit when the eventual next down leg comes. I will say, however,[More...]

Analysts and the media have focused plenty of attention on how overindebted and tapped out consumers are responding to deteriorating economic conditions. So far, there are clear signs that Americans are becoming more disciplined -- cutting back, saving, reusing, repairing and, overall, adjusting to a world where uncertainty is on the rise and there is much less to go around. But the reaction is not one-sided. Those on the other side of the counter are also seeing the writing on the wall -- better late than never, I guess -- and are starting to make structural adjustments of their own. In "Retailers Prepare for a New, Frugal Future," the Associated Press gives us the details. <blockquote dir=ltr style="MARGIN-RIGHT:[More...]

The markets traded in what looked like a perfect “V” shape on Friday, again erasing midday losses.  The Dow Jones Industrial Average managed to finish up 0.84% to 8,281.22.  The Nasdaq and S&P 500 were able to climb 1.16% and 0.76% respectively to closing levels of 1,529.33 and 850.12.  After very poor earnings reports from Intel Corporation (INTC: 13.74, +0.45 (+3.39%)) and JPMorgan (JPM: 22.82, -1.52 (-6.24%)) the market was hit with more bad news on Friday but was able to shrug it off[More...]

Say goodbye to Circuit City (NYSE: CC). And to another 34,000 jobs for the U.S. Economy. Because that’s exactly how many employees the chain still has to its name in its remaining 567 store nation wide. Following in the footsteps of another big name national chain, Linens n’ Things, Circuit City is the latest to announce that it will officially be going out of business. Beginning tomorrow, January 17, the company will begin its final round of sales which will continue until March 31, pending court approval. Its Canadian branch is faring better so far, and will continue operating all 765 of those stores for the time being. That has to be a relief for the 3,000 workers who work for those locations. So what does this mean for retail? Well, don’t ask president and CEO George Whalin of Retail Mangement Consultants. Because he appears to be mixing up his messages. On the one[More...]

Tom Dorsey and Tammy DeRosier - Where Do You Fall...Structural Bear or Structural Bull?

Schaeffer's Investment Research's Colleen S. King takes a look at news on the Street after the market close.

Schaeffer's Laura Houser takes a look at activity on the Street after the market close

Schaeffer's Carly Schaeffer takes a look at activity on the Street ahead of the market open

Wow, bold move here. Tony Wible of Citi Investment Research said the potential Blockbuster Inc.'s (NYSE:BBI) acquisition of Circuit City (NYSE:CC) deal could provide BBI with increased revenue and cost savings. He estimates the transaction could lift the value of Blockbuster's stock to nearly $11, which would be a 287% gain from today's BBI price.

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